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This pitch is currently hidden from the wider Crowdcube community to give selected investors known to the business an early opportunity to invest. As such only users with the URL can view this pitch.
Successfully funded
overfunded
Medic Bleep
162%
Raised
£814,600
Investors
901
Target
£500,000
Equity
11.32%
Pre-money valuation
£6,382,094

Medic Bleep replaced pagers in a NHS Hospital and is used by 4,200 of their staff. It is saving each nurse & each junior doctor an estimated 21 minutes & 48 minutes per shift. This coincides with the Department of Health calling for a ban on pagers. If implemented across the NHS it could free up the time to care for est 11,000 nurses.

  • Estimated average efficiency saving of £2.5 million per NHS Trust per year
  • Peer reviewed paper; saving 21 & 48 mins for each nurse & doctor/shift
  • Over £2 million investment to date by Directors
  • NHS to remove pagers by 2021; Medic Bleep work cited by Dep of Health
Information For tax purposes, Medic Bleep shall draw down funds and issue shares for £300,000 from two investors whilst the pitch is live. These shares are issued on the same basis as that available to Crowdcube investors and therefore this investment has been reflected on the progress bar.

Idea

Medic Bleep is a secure and real-time communication solution. It enables doctors, nurses and the wider team to communicate and collaborate more effectively, accelerating productivity, reducing costs, and improving patient outcomes.

Replacing traditional pagers, switchboard, landline and fax methodology which exist across the NHS and healthcare system globally. These communication modalities are one way and one to one. Medic Bleep reimagines this for the healthcare system.

Our research suggests that poor inter team communication is the primary cause for 21% of patient harm; meaning a possible 400,000 episodes of potential harm a year, in the NHS alone.

There are over 1.1 million staff in the NHS alone and this is a challenge which clearly needs resolving; reflected by the 16,000 downloads by UK doctors and nurses to date.

We have been highly commended as the Healthcare Technology Solution of the Year by Industry journalists.

Our peer review paper and work has been cited by Department of Health as an example for Hospitals across the NHS when introducing the ban on pager use in the NHS for 2021 and mentioned in the House of Commons.

For regulatory reasons, we only allow communication to occur via the app if the Trust/CCG has signed up to its use across the organisation

We aim to solve this challenge for over 30% of the NHS in the next 3 years and work with healthcare providers globally.

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Risk warning

Investments of this nature carry risks to your capital, including illiquidity, lack of dividends and dilution. Balance risk with a diversified portfolio. Read more. Approved as a financial promotion by Crowdcube Capital Limited, which is authorised and regulated by the Financial Conduct Authority.

Investment opportunities are not offers to the public and investors must be eligible Crowdcube members. Further restrictions and Crowdcube's limitation of liability are set out in the Investor Terms and Conditions. Please seek independent advice as required as Crowdcube does not give investment or tax advice.

Medic Bleep has been given advance assurance by HMRC that the proposed share issue is likely to qualify for Enterprise Investment Scheme (EIS) tax relief.

Tax relief is available to individuals only, with income tax relief currently set at 30 per cent of the cost of the shares for the tax year in which the investment was made. The tax reliefs can also reduce your Capital Gains Tax bill. Read More.

Availability of tax relief depends on your individual and the company’s ongoing circumstances and applicable law.